..(T)here are two opposite reasons for being a democrat. You may think all men so good that they deserve a share in the government of the commonwealth, and so wise that the commonwealth needs their advice. That is, in my opinion, the false, romantic doctrine of democracy. On the other hand, you may
For the wise men of old the cardinal problem had been how to conform the soul to reality. For magic and applied science alike the problem is how to subdue reality to the wishes of men.
The Old Testament contains fabulous elements. The New Testament consists mostly of teaching, not of narrative at all: but where it is narrative, it is, in my opinion, historical. As to the fabulous element in the Old Testament, I very much doubt if you would be wise to chuck it out.
There are two kinds of love: we love wise and kind and beautiful people because we need them, but we love (or try to love) stupid and disagreeable people because they need us. This second kind is the more divine because that is how God loves us: not because we are lovable but because He is love, not
A pipe gives a wise man time to think and a fool something to stick in his mouth.
Prayer is request. The essence of request, as distinct from compulsion, is that it may or may not be granted. And if an infinitely wise Being listens to the requests of finite and foolish creatures, of course He will sometimes grant and sometimes refuse them.
As St. Paul points out, Christ never meant that we were to remain children in intelligence: on the contrary, He told us to be not only "as harmless as doves," but also "as wise as serpents." He wants a child's heart, but a grown-up's head.
The Calormens have dark faces and long beards. They wear flowing robes and orange-colored turbans, and they are a wise, wealthy, courteous, cruel and ancient people. They bowed most politely to Caspian and paid him long compliments all about the fountains of prosperity irrigating the gardens of prud
In those days a boy on the classical side officially did almost nothing but classics. I think this was wise; the greatest service we can to education today is to teach few subjects. No one has time to do more than a very few things well before he is twenty, and when we force a boy to be a mediocrity
The next best thing to being wise oneself is to live in a circle of those who are.
Isn't it funny how day by day nothing changes, but when you look back, everything is different...
The value of the myth is that it takes all the things we know and restores to them the rich significance which has been hidden by â€˜the veil of familiarity.â€™ The child enjoys his cold meat, otherwise dull to him, by pretending it is buffalo, just killed with his own bow and arrow. And the child i
If the universe is so bad...how on earth did human beings ever come to attribute it to the activity of a wise and good Creator?
You pay a very high price in the stock market for a cheery consensus.
There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent re
Mr. Market is your servant, not your guide.
The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.
The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, youâ€™d still be doing it. Youâ€™ve got to have a reason to jump out of bed in the morning.
When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.
You could be somewhere where the mail was delayed three weeks and do just fine investing.
Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. Warren Buffet
We make investment decisions based on our evaluation of the most profitable combination of probabilities.
None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. Unfortunately, Bertrand Russell's observation about life in gener
Growth and value investing are joined at the hip.
Charlie and I have a number of filters that things have to get through before we'll think about them.